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These days, finding an affordable place to live in the Joshua Falls area can be challenging. Home prices in Joshua Falls are now at a median cost of $162,954, lower than the Virginia average of $443,089.
The average cost of rent is $671/mo in Joshua Falls, primarily driven by the current value of real estate in the Joshua Falls area. In Joshua Falls, 18.59% of households rent, and 30.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Joshua Falls is $5,393 per month. Households that rent pay about 12.44% of their income on rent here. Joshua Falls’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Galts Mill, VA: higher priced homes
- Madison Heights, VA: higher priced homes
- East Brook, VA: higher priced homes
- Coolwell, VA: higher priced homes
- Stonewall, VA: higher priced homes
- Stapleton, VA: higher priced homes
- Concord, VA: higher priced homes
- Lynchburg, VA: higher priced homes
- Elon, VA: higher priced homes
- Sweet Briar, VA: higher priced homes
Cities with Similar Populations
- English Creek, NJ: higher priced homes
- Feesburg, OH: equally priced homes
- Willow Shade, KY: less expensive homes
- Farrar, TX: higher priced homes
- Fargo, TX: less expensive homes
- Wolf Run, OH: less expensive homes
- Eve, MO: less expensive homes
- Evansville, PA: higher priced homes
- Womack, MO: higher priced homes
- Esterbrook, WY: higher priced homes
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